Prev- Founder & CEO ... • 1y
India with a population of 1.4 Billion has more than 54% of teens and youth. India has a working population of 500M - we are still exam-driven not skill-driven. Even with all government reforms, India is the most challenging country to build a business in. Only 500K businesses make more than 10crore per annum, and close to 5 million businesses in India don’t even make Penny Close to 10,000 businesses make more than 500crore in revenue every year The reason? Our per capita income is meager, most homes are single-income households India's per capita income is INR 150,000 If you make more than 25,000 you belong to the top 10% of India I started looking into top revenue-making tech companies and all of them worked on one common function that made them so much money. That is the business of opportunity, if most people don't make sufficient money - the best way to create wealth for yourself is by helping other people make money or get opportunities. Amazon, Zomato, Dream11, Unacademy and Zepto are in the same business
Startups | Product • 1y
Unfiltered thoughts (5/5) There are 3 types of India: India-1 ~Population of 110 Mn ~Per capita income of $10k ~Buys from Flipkart, watch Netflix, drink Starbucks coffee ~Contributes to 40% of India GDP ~Fluent with English ~35Mn credit card users
See MorePrev- Founder & CEO ... • 1y
Indians hate startups, especially companies that burn money and raise money but the truth is that 99% of Indian businesses don't make money See in India there are only 13M small businesses,88% of them are sole proprietors Out of 13M businesses, 5M
See MorePrev- Founder & CEO ... • 1y
How do companies like Facebook, Swiggy, Zomato and Amazon make money in India, when most Indians don't even make money? See India, has a lower per capita income than Bangladesh and it makes it hard for tech companies to monetise but When you can’t
See MorePassionate about Pos... • 2m
Globally India has one of the lowest number of registered cars, but highest number of 2-Wheeler per 1,000 people.. As of 2022, India roads have more than 260 Million 2-Wheeler and more than 50 Million cars. Relative to the India’s population, there
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